Member Info for profitseeker

Was the 5th March the date to comment on the commented comments or was it to comment on the comments of the commented comments? It�s easy to lose track here. It may even be the date to comment on the comments of the comments of the commented comments. If the latter, surely the cab will want to voice their opinion on them?

All we need is for the herders to spot a great crested newt among the discarded tins of herring broth and we�re flucked!

Are you back in Cornwall yet?

It would be interesting to see what Kurt could do with this company with a nice bit of JV money in the bank. He certainly says the right things and there�s always plenty going on in the background it seems

Just be patient. Before you know it we�ll be celebrating. Picture the scene: Drinking copious amounts of tinners ale in some far out Cornish inn whilst shining each other�s buttocks with brasso. Meanwhile Eric is in the corner playing sea shanties with the aid of an accordion. https://m.youtube.com/watch?v=h60WaH0AZ64

We can but hope sir. I hold but don�t really post much on here anymore because it has become so tiring. I�m sure like many on this board I�m mentally drained.

On the 23rd May 2015 you said to sj you ate devilled kidneys for breakfast. On a further occasion you clearly stated to subtle that you ate devilled reindeer kidneys for lunch. Yet in a recent post you deny ever consuming devilled kidneys of any description. Would you like to amend your statement to the house?

Probably topslice at 40p

Does anyone know what impact the reduction to �2 a spin on roulette will have on the other �slot� type games on the FOBTs? I only ask because people lose vast sums of money on them already with �1 and �2 spins every few seconds. Also the argument that the company�s put up regarding job losses is a bit of a red herring in my opinion. I say this because the introduction of the FOBTs was solely responsible for creating the jobs in the first place. Where I live there used to be four betting shops within approximately a one mile radius. There are now eight. If those jobs weren�t created in the first place the machine attendants would be employed elsewhere stacking shelves etc. As for the FOBTs being used as a pawn in order to save horse racing - it�s been in decline for years - if the business is unsuitable then it must die. Just because something is a money spinner doesn�t mean it should come before the greater good.

Chris - can I ask who you switched to?

When you change stockbrokers is it easy to transfer holdings or do you need to sell up and buy back?

Although I agree that there is more money staked online than is put into Fobts, I find the comparison irrelevant from a personal perspective. I do some voluntary work for the Samaritans and find we take an enormous amount of calls from people addicted to these machines. I personally haven't had a case study to deal with that has involved on line gambling. Maybe my experience isn't the norm - I will do some asking around. I do find it very sad dealing with cases of fobt addiction. Unfortunately many families have been torn apart and the suicide rate from gambling addiction is very distressing. I guess unless you have that particular gene inside you then it's difficult to accept how difficult it is for people to break the chain. Fortunately when they come to us they have taken the first step - many probably don't get that far. Hopefully the eventual outcome of the government review will recommend a sensible way forward.

I dont understand the argument that the bookmaking industry is putting across regarding the 20,000 job losses should the stake sizes on fobts be slashed. The only reason there are so many high street bookmakers compared to say fifteen years ago is purely because of the machines anyway. Just because something makes money doesn't mean that what's morally right and wrong should be ignored. The labour government should never have allowed their introduction in the first place and we wouldn't be wasting all this time and money dealing with reviews and the fallout in society. Take them out and move on.

Interesting video just posted on YouTube alledgedly showing a William hill FOBT cheating. Can be found under "stopandstep".

I thought it was 22p? Confused now!!

I agree about the tax increase, but I don't think we need to worry about the restrictions. In reality, the spin rate is so much better than the casino form of gambling. People just don't grasp how the 90 odd percent payout works. Also, as far as society goes, we may have to give up some shops but they will only go to a competitor so in reality the same amount of machines will remain. There are plenty of addicts and potential addicts out there so there should be plenty to go round. Just a case of spreading the investment. Maybe we can get a few more people hooked with the online business also. People generally spend more when it's just a number on the screen. And there should be plenty of house keeping money ready to be gambled. Buy all day long. God bless the government

This may not be an ethical investment, bearing in mind the problems facing society because of the FOBTs, but what a superb investment these are. I appreciate that we have to turn a blind eye to family breakups, mental health issues, suicide etc, but these highly addictive machines have saved the betting industry and have created a wonderful opportunity for us all to make a bit of money. I am just weighing up whether to spread my investment or buy into these or ladbrokes. Great business model. What can go wrong? What am I missing?

It's also a huge bonus for investors that the government gets a very nice proportion of tax from the FOBTs. The 90 odd percent payout return to customers is an absolute brain wave also. The idiots have no idea how this works when they spin so frequently. It's fantastic. What am I missing? What's the downside?

I am seriously looking into making an investment into ladbrokes and a couple of other bookmakers. I have been doing some research and have to say that the government allowing the bookies to have these fixed odds betting terminals or FOBTs is an absolute gift horse. I don't think I have ever seen so many people from all sections of society addicted. It's a gold mine. I accept that ethics go out of the window and we must turn a blind eye to families splitting up, suicide rates increasing, mental health issues arising, violent crime etc, but money is money. Someone else's misery won't pay our bar bills or fund our holidays. Superb business model.

Some good looking trades going through